On Tuesday, the Legislature passed a $4.6 billion operating budget, nearly $500 million less than last year and one of the smallest capital budgets in state history. Nearly $3.2 billion comes from the Constitutional Budget Reserve, the state’s savings account. The session now can be laser-focused on the revenue side of the equation, before our savings become depleted.

Juneau – Today, the Alaska Legislature passed fully funded budgets for the next fiscal year that removes the threat of the first ever government shutdown in Alaska. The operating and capital budgets were passed with significant support from members of the Alaska Independent Democratic Coalition (AIDC) after weeks of bipartisan negotiations between the Minority and Majority Caucuses in both the House of Representatives and Senate.

The 29th Alaska State Legislature adjourned Wednesday night with many of the state’s most pressing issues still unresolved. Despite coming close to agreement on the state operating budget, the one thing the Legislature is constitutionally required to pass, the Legislature is still deadlocked on oil tax subsidies and education funding. In fact, the Republican-led Senate Majority gaveled out before the House could vote on an agreement to extend the session just before midnight. While it’s clear we are much closer to reaching an agreement, we still have miles to go.

Juneau – Tonight, the Second Session of the 29th Alaska Legislature came to a close without any significant action to address the ongoing fiscal crisis brought on by the sudden drop in oil prices and the broken promises of increased oil production. The House and Senate Majorities both failed to pass the FY 2017 Operating Budget.

Juneau – Tonight, the Second Session of the 29th Alaska Legislature came to a close without any significant action to address the ongoing fiscal crisis brought on by the sudden drop in oil prices and the broken promises of increased oil production. The House and Senate Majorities both failed to pass the FY 2017 Operating Budget.